2012 MILESTONES

The Samuel Zell, Mitchell Mondry and Zell Institute and Erb Institute Scholarship Awards totaled $65,000 providing 13 MBAs with $5,000 each toward their tuition. Awards totaling nearly $20,000 were provided to selected MBAs and BBAs for entrepreneurial leadership, entrepreneurial development, cause-based entrepreneurship, and private equity.

The three student-led venture funds with $6.5 million in total under management engaged 84 graduate students. The Wolverine Venture Fund made its second investment in Sonitus Medical. The Frankel Commercialization Fund invested in Are You A Human, and the Social Venture Fund made its first investment in LearnZillion and a second investment in Jack & Jakes.

MAP placed 37 MBAs at seven start-ups in the field around the globe.

Michigan Business Challenge awarded over $60,000 in prize money to multi-disciplinary student teams from across campus. Michigan teams took home $263,000 in prize money and services at intercollegiate and U.S.-based competitions.

Dare to Dream Start-up Grant and Mayleben Venture Shaping Grant programs awarded $61,500 to 35 U-M student teams to develop their business ideas while earning their degrees.

The Marcel Gani Internship program placed 19 students at 17 start-up and venture capital firms across the U.S.

Entrepalooza, the Michigan Growth Capital and Private Equity Symposia engaged over 900 attendees from across U-M and the entrepreneurial and investment community.